Oil Transit
2 stories tagged Oil Transit.
Iran Details Plans for Exclusion Zone Near Strait of Hormuz
Tehran's Supreme National Security Council announced intentions to establish a new exclusion zone in proximity to the Strait of Hormuz, targeting specific maritime transits.
Iran Proposes New Shipping Corridor and Restricted Zone in Strait of Hormuz
Plans for a revised maritime transit arrangement through the Strait of Hormuz are reportedly under discussion between Iran and Oman, potentially introducing new coordination requirements for vessels.